Becoming a Member

Getting Started with FHLBI

FHLBI offers a reliable, cost effective, and flexible source of wholesale funding for its financial institution members in Indiana and Michigan. Access to liquidity and flexible low-cost funding are the primary benefits of membership, but our members also have access to a competitive Mortgage Purchase Program, correspondent banking services, grant money for housing initiatives through our Affordable Housing Program, and at-cost advances for housing and economic development through our Community Investment Program.

FHLBI membership is open to regulated financial institutions (commercial banks, thrifts, credit unions, insurance companies, and CDFIs) having a principal place of business in the states of Indiana or Michigan.

To become a member, an institution must:

1. Gain approval of membership from its Board of Directors.

2. Complete and submit appropriate membership application. Select type of institution ​listed on right to view specific application and read more about membership benefits.

For more information and links to our applications, select your type of institution or contact an FHLBI ​Marketing Account Manager at 800.442.2568 or memberservices@fhlbi.com. If you are a housing associate - such as a state or local housing authority in Indiana or Michigan - seeking approval to borrow, please ​contact us directly for more information.

Once you're an FHLBI member, please contact memberservices@fhlbi.com to learn how you can use ​our logo on ​your documents, advertising and quarters.